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27 Jun 2007, 6:41 am
As a New York Times editorial stated, the MCA "give[s] Mr. [read post]
6 Dec 2006, 7:58 pm
Part II of my post takes up the idea of "policy catastrophes": To get a grip on the idea of a policy catastrophe, consider these examples: 1) Collapse and government bailout of savings and loan institutions in the 1980s.2) Destruction of the space shuttles Challenger (1986) and Columbia (2003).3) 9/11 terrorist attacks.4) Inundation of New Orleans in 2005 after Hurricane Katrina due to failure of levees and subsequent inadequate government response. [read post]
